There are condos, manufactured homes and residential home communities. All of these can have associations, boards, community managers and/or separate owners. Within each specific category there are many variables. Let's look at a couple of these variables. These examples are just the tip of the iceberg....
Within manufactured home communities for example, you can own the land underneath, or you can 'lease' the land and just own the home. These communities can have age limits which limit ownership to only certain ages of individuals or they may be open to anyone of any age.
Some of these association governed communities have clubhouses and swimming pools, some don't. Some have excellent management, some don't. Some are rent controlled, some are not. Some are very good about preparing for the future, and others are not. These things, plus more, can and do make a HUGE difference when purchasing.
Why risk buying something where you are not going to be happy, or you are going to lose the home due to variables that you could have seen coming, if you had checked into things beforehand?
Since a home is often the biggest investment that a person makes in their lifetime, it pays to dig in a little and find out what is underneath the veneer that is obvious. An inspector can look for the obvious defects inside and outside a home, but who will help you with the uncovering the often hidden 'secrets' in 'association' governed communities?
Beyond the home inspection, there are many things to check and to be aware of before jumping into any home purchase. Anyone can buy a home, condo or mobile home and any agent can collect a commission without knowing about the more complex dynamics that can and do affect owners once they purchase a home.
Knowing the right questions to ask and knowing what one wants and then matching the specific dream to what is out there is also one of the keys to being a satisfied homeowner, no matter what one ends up with eventually. A buyers agent can help figure it out and watch for that perfect home.
Many buyers do not know what they really want initially and waste a lot of time and energy figuring it out. There is a way to shorten this 'learning curve' and to help make a dream into an achievable reality, using a specific step by step process.
My extensive experience with investment, multifamily, residential, and manufactured homes allows me to guide, assist and protect clients when they are ready to purchase their dream home.
Your dream home may end up costing $1 million, $300,000 or $20,000. Why waste time, energy and money in the pursuit of homes that are not going to end up working for you?
Bottom line, retaining a buyers agent is an important step in making sure that you end up with something that will serve your interests.